Over the past decade, Coinbase has reached millions of cryptocurrency traders and expanded to become the largest crypto exchange in the US. Despite its solid reputation, Coinbase did not avert scrutiny and skepticism. It has intensified in the past two years, driven by the sharp upsurge and plunge in crypto prices in a short period. But what has become the hot topic was the sudden collapse of FTX, the former largest crypto exchange worldwide.

Nonetheless, it remains an influential figure in the market. True believers regard cryptocurrencies despite not being a sure inflation hedge. Bitcoin’s inverse correlation with inflation showed how much macroeconomic indicators could affect crypto…

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